There were two major stories for popular cryptocurrency Bitcoin during this past week, causing disparate reactions from the market. Shareholders are already well aware, but Bitcoin stocks can trade as volatilely as Bitcoin itself. Furthermore, there weren’t any prominent Wall Street analysts weighing in on the stocks and causing the price per share to fluctuate. […]
Ordinarily, one might have thought that troubling inflation news that came out on Thursday morning would have been enough to cause some to question whether the bull market would be able to continue. Even when you remove the volatile food and energy categories, so-called core inflation rose 0.7% for the month and has gone up […]
Both fintechs stand to benefit as cryptocurrency becomes more popular, and market downturns are often a buying opportunity in hindsight. Over the years, MercadoLibre has slowly integrated crypto into its ecosystem. Then in 2018, the company partnered with BitPay in Brazil, enabling crypto-powered purchases of MercadoLibre gift cards from within the BitPay wallet. During the Q1 […]
In this Motley Fool Live video, recorded on May 5, 2021, Motley Fool contributors Keith Speights and Brian Orelli discuss whether or not Covaxin’s success against emerging variants could help make Ocugen a big winner in the U.S. The company announced this week some studies that showed that the COVID-19 vaccine Covaxin appears to be […]
As the darling of Reddit and Robinhood traders alike, Sundial Growers is frequently the butt of investing jokes, and it’s no surprise why. Still, the stock’s popularity with retail traders led it to grow by roughly 79% over the last 12 months, so it’s reasonable to think that there might be something worth investigating further. […]
With its selection of fertilizers, pesticides, hydroponics equipment, and gardening gear, Scotts is uniquely positioned because it serves the market for hobbyists just as gracefully as it serves commercial markets. In the most recent quarter, Q2 of fiscal year 2021, Scotts reported that its quarterly revenue grew by 32.3% year over year and that its […]
Not all cryptocurrencies are created equal, and it can be confusing trying to decide which type is right for you. Nobody knows for sure whether crypto will succeed over the long run, so be sure you have a very high tolerance for risk before you decide to invest in cryptocurrency. While there’s no such thing […]
After taking a brief step back earlier this week, popular cryptocurrency Bitcoin has come roaring back to life today. But with Bitcoin back on the rise, these stocks are skyrocketing today, up 16%, 16%, and 12%, respectively, as of 12:45 p.m. However, Bitcoin supporters argue that we’ve entered the “fourth wave” of adoption over the […]
On Friday, The Boston Beer Company , best known for the Samuel Adams product line, announced it is to develop nonalcoholic cannabis drinks. With the move, Boston Beer is attempting to get its foot in the door of what promises to be a popular product segment. …Read the full story
Valens is a pot grower with a sizable stake in Canada’s cannabis 2.0 industry. Valens partners with Thermo Fisher Scientific to provide third-party testing on harvested cannabis to meet standards set by Health Canada. 2 most popular CBD brand in the U.S., with over 7,000 wholesale locations and a 94% customer satisfaction rating. The stock trades […]
Over the next few months, I learned the ins and outs of Bitcoin, bought some mining hardware, and ended up mining about a dozen bitcoin. Over the next year or so, I spent Bitcoin, sold Bitcoin, and bought more Bitcoin. In fact, the digital currency is worth about six times as much as it was […]
As the market for alternative assets heated up earlier this year, many investors found themselves trying to differentiate between the various investment options. With the initial public offering of Coinbase and the prevalence of cryptocurrency miners, it can be hard to determine if one will prove a better investment than the asset itself. Theoretically, the […]
The stock market continued to move lower on Wednesday, driven by a big increase in consumer prices that raised new fears of inflation. However, even on the worst down days, there are always some stocks that manage to shine. The company pointed to 78 million households that are still using old-style legacy cable and pay […]
On the contrary, it’s barely a money-making affair — but one generating lots of buzz and helping its more profitable digital money management and payments business continue its expansion. Of the $5.06 billion in revenue generated in the first quarter, $3.51 billion was attributable to Bitcoin — a more than 1,000% increase from Q1 2020 […]
News that consumer prices rose 0.8% in April stoked fears of uncontrolled inflation that could prompt the Federal Reserve to take drastic action that would endanger the economic recovery. As nasty as today’s drop looked, though, the reality isn’t that bad. Daily moves of 1%, 2%, or even 3% simply aren’t all that uncommon when […]
